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Business, Tourism

SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Saudi Arabia urges cooperation in tourism for sustainable future

The Kingdom seeks collective action for renaissance of the tourism sector. (WAM)
By TRENDS Desk
September 27, 2022 10:40 pm
  • Saudi Minister of Tourism Ahmed bin Aqeel Al-Khatib said the cooperation includes facing the issues spawned by Covid pandemic.
  • Al-Khatib said the tourism sector is “more capable of providing wealth and opportunities in places where they are most needed.”

Riyadh, Saudi Arabia – Saudi Minister of Tourism Ahmed bin Aqeel Al-Khatib said more cooperation is a must for sustainable future in tourism in G20 nations.

It includes facing issues spawned by the Covid pandemic, taking collective action for renaissance of the tourism sector and partnerships between private and public sectors.

Al-Khatib said the tourism sector is “more capable of providing wealth and opportunities in places where they are most needed.”

The minister was speaking during the G20 tourism ministers meeting for 2022 hosted by Indonesia.

The slogan of the meeting was “Recover Together, Recover Stronger.”

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